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Creditas extends Series F round; acquires banking license from Andbank

Creditas raised $3 million in August of 2015. Redpoint eventures led the round, which included participation from Quona Capital Management Ltd and QED Investors. Creditas unicorn According to Indicina co-founder Yvonne Johnson (photo), the Nigerian fintech wants “lenders to be better informed about the decisions around credit so they can go to market faster with their digital products.” 

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For the full story, click here. Where We Are Now KakaoBank’s ongoing woes may’ve put a wet blanket on the South Korean fintech scene. However, the nation still made it into the top 10 list of the biggest fintech funding rounds raised in January.

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Founded 10 years ago, Creditas employs more than 4,000 workers and offers services in Brazil and Mexico. Its six funding rounds have yielded a total equity of $829 million. The company accepts three types of collateral — homes, vehicles and salaries — but instead of holding loans on its balance sheet, its credit portfolio is securitized and sold. FinTech Regulatory Environment in Colombia Creditas founder and CEO, Sergio Furio comments:

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As soon as this statistic is updated, you will immediately be notified via e-mail. The largest Fintech for secured loans in Brazil. Our Data – We source our data from OSINT (open source intelligence) and public directories such as Crunchbase, SemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.